Housing Development Association News Today : Breaking News, Live Updates & Top Stories | Vimarsana

There are signs of growing tensions between the country’s private sector and its rentier political elite.

The land ministry issued permits for the construction of 1,463 investment projects in January-May, covering “more than five million” square metres, with total registered capital of $2.270 billion, or up 138.52 per cent on a yearly basis from just over $0.95 billion.

Public-private talks have begun on a potential informal foreclosure moratorium for residential properties recently suggested by Prime Minister Hun Sen.

The Housing Development Association of Cambodia’s (HDAC) new partnership with the Trust Regulator (TR) will promote the Kingdom’s construction and real estate industries, foster private sector development, and aid in overcoming related challenges, according to TR director-general Sok Dara.

Cambodian“iron and steel” imports in the first quarter of 2023 – ended March 31 – clocked in at $93.292 million, rising by nearly 10.95 per cent year-on-year from $84.085 million and close to 6.0 per cent quarter-on-quarter from $88.04 million, according to provisional Customs (GDCE) statistics.